Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Russia - 2022

Contents:

  1. Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Russia (CIF) - 2022
  2. Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Russia (FOB) - 2022
  3. Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Russia
  4. Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Russia

Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Russia (CIF) - 2022

The average import price for electric motors and generators stood at $26,372 per unit in 2022, rising by 278% against the previous year. In general, the import price, however, saw a slight decrease. Over the period under review, average import prices hit record highs at $33,685 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($142,857 per unit), while the price for Mongolia ($4,666 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+20.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Russia (FOB) - 2022

The average export price for electric motors and generators stood at $62,601 per unit in 2022, increasing by 40% against the previous year. Over the period under review, the export price posted prominent growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 127%. The export price peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($136,775 per unit), while the average price for exports to Tajikistan ($2,250 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+130.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Russia

For the third consecutive year, Russia recorded decline in supplies from abroad of electric motors and generators, which decreased by -73.3% to 188 units in 2022. In general, imports continue to indicate a dramatic slump. The smallest decline of -3.3% was in 2021. Over the period under review, imports of attained the peak figure at 769 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of electric motors and generators stood at $5M in 2022. Over the period under review, imports faced a significant decrease. Imports peaked at $14M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.32.80.92.219.2%
United States0.42.10.11.035.7%
TurkeyN/AN/A0.70.928.6%
Italy0.10.10.10.458.7%
MongoliaN/AN/AN/AN/A0%
PolandN/A3.41.5N/A-55.9%
NetherlandsN/AN/A1.2N/A0%
Ukraine12.21.1N/AN/A-91.0%
Others0.10.90.30.458.7%
Total14.310.44.95.0-29.6%

Top Suppliers of Electric Motors and Generators; DC, of an Output Exceeding 375kW to Russia in 2022:

  1. China (113.0 units)
  2. Turkey (39.0 units)
  3. Italy (11.0 units)
  4. Mongolia (7.0 units)
  5. United States (7.0 units)
  6. Poland (2.0 units)

Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Russia

Exports of electric motors and generators from Russia declined markedly to 39 units in 2022, waning by -96.1% on the year before. Over the period under review, exports continue to indicate a dramatic slump. The pace of growth appeared the most rapid in 2021 with an increase of 223% against the previous year. As a result, the exports reached the peak of 1K units, and then fell significantly in the following year.

In value terms, exports of electric motors and generators shrank dramatically to $2.4M in 2022. Overall, exports recorded a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 214% against the previous year. As a result, the exports reached the peak of $45M, and then shrank rapidly in the following year.

Export of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan0.90.81.10.8-3.9%
TurkeyN/AN/AN/A0.50%
Uzbekistan1.61.90.60.5-32.1%
Mongolia0.51.00.40.2-26.3%
Bosnia and HerzegovinaN/AN/A0.10.2100.0%
SerbiaN/AN/AN/A0.10%
TajikistanN/AN/AN/AN/A0%
Belarus40.99.142.7N/A2.2%
India0.3N/AN/AN/A0%
ItalyN/AN/AN/AN/A0%
Georgia0.30.1N/AN/A-66.7%
CanadaN/AN/AN/AN/A0%
Others0.51.40.4N/A-10.6%
Total45.014.445.32.4-62.4%

Top Export Markets for Electric Motors and Generators; DC, of an Output Exceeding 375kW from Russia in 2022:

  1. Kazakhstan (11.0 units)
  2. Mongolia (6.0 units)
  3. Bosnia and Herzegovina (5.0 units)
  4. Turkey (4.0 units)
  5. Canada (4.0 units)
  6. Uzbekistan (4.0 units)
  7. Georgia (1.0 units)
  8. Italy (1.0 units)
  9. Serbia (1.0 units)
  10. Tajikistan (1.0 units)

Source: IndexBox Market Intelligence Platform

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